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Boss Scam - SEBI
July 25 , 2026
15 hrs 0 min
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- The Securities and Exchange Board of India (SEBI) has warned companies about the rising "Boss Scam" or Chief Executive Officer (CEO) impersonation scam.
- Fraudsters use fake WhatsApp accounts, Artificial Intelligence (AI)-generated voice cloning, deepfake video calls, and emails to impersonate senior company officials.
- Employees are pressured to make urgent fund transfers or open malicious .zip files that install malware and compromise WhatsApp Web accounts.
- The warning was issued after the Indian Cyber Crime Coordination Centre (I4C) reported an increase in such cyber fraud cases.
- SEBI advised organisations to verify payment requests directly with senior officials and avoid opening suspicious files or relying only on messaging platforms.
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